Tuesday, January 7, 2014

Self made billionaire, William C. Erbey

Underwater Homes Provide a Flood of Cash for Billionaire Erbey (via www.mybanktracker.com)

A self made billionaire, William C. Erbey, has joined the Forbes 400 richest Americans list by turning to an innovative method of refinancing homes that have negative equity. Erbey is the founder of Ocwen Financial Corporation, the largest non bank…